1286 Wolseley Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 1,895-square-foot home built in 1925, sitting on a notably large 9,287-square-foot lot in Winnipeg’s Wolseley neighbourhood. The living area is slightly above the citywide average, but what really stands out is the land—ranked in the top 1% within Wolseley and top 8% citywide. The assessed value of $618,000 reflects that scarcity, placing it in the top 4% of the neighbourhood and top 7% across Winnipeg. While the year built is typical for the street, the property is older than most homes citywide, which means it may appeal to buyers who value character, mature trees, and established blocks over new construction. The appeal here is less about square footage and more about land size and location: a generous lot in a desirable central neighbourhood, with a home that has likely been updated over time but retains its original era. Suitable buyers would include families looking for space to garden, expand, or build a garage; renovators seeking a solid shell in a premium pocket; or anyone who values walkability and lot value over turnkey finishes. It’s less suited to those wanting a low-maintenance new build or a home that’s already maximized for resale.
Five Possible FAQs
1. How does the assessed value compare to similar homes nearby?
The assessed value of $618,000 is significantly above both the street average ($514,700) and the neighbourhood average ($371,300). This reflects the land size more than the house itself—properties with lots this large in Wolseley are uncommon and command a premium.
2. Is the 1,895 sqft living area accurate, and does it include the basement?
It is accurate for the main and upper floors, as is standard for municipal assessments. Finished basement space, if any, is not included. Buyers should verify the actual layout and any recent additions during a viewing.
3. What does “ranked top 1% for land area in Wolseley” mean in practical terms?
It means the lot is among the largest in the neighbourhood—nearly three times the average lot size for comparable homes in the area (3,434 sqft). This offers room for a large garden, a detached garage, a workshop, or possibly a future infill or secondary suite, subject to zoning.
4. The home was built in 1925—what should I be aware of?
Homes of this age often have original plumbing, electrical, and insulation that may need updating. The good news is that the year built is consistent with other homes on the street, so the block has a cohesive character. A thorough home inspection and a review of any past renovations are recommended.
5. How does this property compare to other homes on Wolseley Avenue specifically?
It’s slightly above average in living area and assessed value, and well above average in land size. The street maintains a fairly consistent vintage, so 1286 fits in rather than stands out architecturally. The main differentiator is the lot, which is among the largest on the street (top 17%).